The likelihood of entry of new competitors is affected by __________ and __________.

The threat from substitutes is high when:

Which of the following would be categorized as a value chain activity?

New Jersey and New York have the highest state taxes in the United States.  They also have high rates of people moving out compared to people moving into the state.  This impacts the __________ aspect of demographic analysis. 

A firm’s mission is:

Compared to intangible resources, in terms of their value, tangible resources are __________ constrained because they are __________ to leverage.

All of the following are assumptions of the resource-based model EXCEPT:

All of the following are characteristics of the global economy EXCEPT:

All of the following are tangible resources EXCEPT:

__________ innovation is a term used to describe how rapidly and consistently new, information-intensive technologies replace older ones.